Most listings are in the $30's per square foot per year. The North Capitol Hill submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 31% increase in rent.
Compared to the rest of the Denver Metro market, the North Capitol Hill submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 30 listings have been made available, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 3% of the listings in the North Capitol Hill are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,120 sqft. Most properties in this region are approximately 12 stories. Most buildings in this region were built in 1973 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Professional services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst North Capitol Hill residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.